The import of animal fats, oils, and fractions not chemically modified to the UK is forecasted to decline gradually from $3.1158 million in 2024 to $3.0856 million by 2028. In 2023, the imports stood at $3.12 million. Year-on-year variations show a consistent but slight decline of approximately 0.24% between 2024-2025, and similar rates into the following years. A Compound Annual Growth Rate (CAGR) analysis over the upcoming five years indicates a nearly stable but slightly decreasing trend.
Future trends to watch for include potential impacts from trade negotiations, economic and environmental policies regarding sustainability practices and their influence on both production and demand for animal-derived fats and oils. Price fluctuations in related commodities might also affect future import values.
